The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

National and international legislative policies for promoting the electric vehicle (EV) are expected to drive innovation in electric vehicle charging stations equipment manufacturing, thus driving the market during the forecast period.

The global electric vehicle charging stations equipment market is expected to grow from $5.4 billion in 2022 to $7.3 billion in 2023 at a compound annual growth rate (CAGR) of 35.3%. The electric vehicle charging stations market is expected to grow from $23.25 billion in 2027 at a CAGR of 33.6%.

Get A Free Sample On The Global Electric Vehicle Charging Stations Equipment Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2582&type=smp

Global Electric Vehicle Charging Stations Equipment Market Segments Include:

• By Type: AC Charging, DC Charging, Inductive Charging
• By Vehicle Type: Battery Electric Vehicles (BEV), Plug-In Electric Vehicles (PHEV), Hybrid Electric Vehicles (HEV)
• By Charging Type: Level One Charging (120 Volts), Level Two Charging (240 Volts), DC Fast Charging (480 Volts)
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Major Market Players in the electric vehicle charging stations equipment market include ABB Ltd., Siemens AG, The New Motion BV, Tesla Motors Inc., ClipperCreekInc., DBT SA, Chargemaster PLC.

Ultra-quick DC charge stations are trending in the electric vehicle charging stations market. Ultra-quick DC charge helps in supplying direct power of up to 125 KW to the vehicles without any converter. These ultra-quick DC charge stations can charge 80% of the electric supply required for the vehicles within 20 min period. With the increasing demand for EVs, the need for more charging stations is increasing. To cope with the demand and availability of low-energy charging points and to deal with new upcoming EVs that require high power rates for charging, the ultra-quick DC charge station is the solution. There are 3 types of DC fast charging options such as Combined Charging System (CCS), CHAdeMO, and Tesla Supercharger. For example, in 2021, Electrify America opens 600 public ultra-fast electric vehicle charging stations across the United States.

The Electric Vehicle Charging Stations Equipment Global Market Report 2023  provides a electric vehicle charging stations equipment market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The electric vehicle charging stations equipment market forecast analyzes electric vehicle charging stations equipment market size, electric vehicle charging stations equipment market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Electric vehicle charging station equipment refers to equipment that connects an electric vehicle to an electricity source to recharge the vehicle.

Explore Similar Reports From The Business Research Company:

Electric Cars Global Market Report 2023

Electric Vehicle Charging Stations Global Market Report 2023

Electric Vehicle Batteries Global Market Report 2023

Learn More About The Business Research Company

The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: